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Stefani Reynolds/AFP via Getty ImagesOPEC+ countries also agreed to extend oil production cuts they announced in April through the end of 2024, reducing production by more than 1 million barrels per day. -
Drew Angerer/Getty ImagesWhile the bill raises the debt ceiling, it also affects a wide range of people by limiting spending and changing guidelines around food stamps and student loans.
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Did spending by President Biden and the Democrats rack up the country's debt? Is a default the same as a government shutdown? Here are answers to things people often get wrong about the debt ceiling. -
The two leaders met in person Monday at the White House after a "productive" phone call on Sunday about the debt ceiling. The U.S. could run out of money to pay its bills as early as June 1.
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Unless Congress acts to raise the federal debt limit, the U.S. government could run short of cash to pay its bills as early as June 1. Seniors, veterans, government workers and others would suffer.
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What is the debt ceiling? What could happen if it's not raised? Here are answers to questions you may be asking about the debt limit and the fight over it.
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After the demise of two regional banks, experts had some ideas for what the state could do differently. A clearer picture will emerge once the state’s regulator publishes a report, and lawmakers discuss options.
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15 years after the subprime mortgage crisis and the Great Recession, we're looking anew at the places and people that store money. Medford-based People's Bank of Commerce CEO Ken Trautman and President Julia Beattie visit to answer our questions about recent banking events, and to talk about seeing their bank to its recent 25th birthday.
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There are possible consequences still playing out for regular people, small businesses and the economy.
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Recreational cannabis prices in Oregon have reached record lows, and that’s hurting business owners across the marijuana industry.
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Silicon Valley Bank’s failure is a sign of weakness in the tech industry, and that could spell trouble for the state of California.
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President Biden urged calm as markets roiled over the collapse of Silicon Valley Bank. After the FDIC takeover, customers of the bank have full access to their deposits.
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Americans began the new year with a spending spree, but businesses are not sure how long it can last. There's a lot riding on the answer, since consumer spending is the backbone of the U.S. economy.
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Initial legislation aimed at boosting the semiconductor industry would also allow the governor to change urban growth boundaries.
